Palladium logged a slight gain for a second day in a row Thursday. Meanwhile, gold, silver and platinum declined.
Gold for December delivery settled down $5.60, or 0.3%, to $1,808.90 an ounce on the Comex division of the New York Mercantile Exchange.
"Gold is trading weak relative to real yields, suggesting the metal’s micro-structure is vulnerable to a downside catalyst and we’re expecting a strong beat to Friday’s jobs data, so there could be some further momentum to the downside," Reuters quoted TD Securities commodity strategist Daniel Ghali.
Gold futures ranged from a low of $1,799.70 to a high of $1,817.90. They climbed 0.02% on Wednesday, they lost 0.4% on Tuesday, and they rose 0.3% on Monday.
Silver for September delivery shed 16.9 cents, or 0.7%, to settle at $25.292 an ounce. Silver futures traded between $25.11 and $25.57. They declined 0.5% on Wednesday, they inched up 0.03% on Tuesday, and they edged 0.1% ahead on Monday.
In other precious metals prices Thursday:
October platinum fell $15.60, or 1.5%, to $1,005.70 an ounce, ranging from $1,000.20 to $1,021.60.
- Palladium for September delivery rose $3.40, or 0.1%, to $2,655.10 an ounce, trading between $2,633.50 and $2,670.
US Mint Bullion Sales in 2021
Published U.S. Mint bullion sales were unchanged Thursday. Below is a sales breakdown of U.S. Mint bullion products with columns listing the number of coins sold during varying periods.
|US Mint Bullion Sales (# of coins)|
|Thursday||Last Week||This Week / August||May||June||July||2021 Sales|
|$50 American Eagle 1 Oz Gold Coin||0||6,000||15,500||20,500||158,000||49,500||649,500|
|$25 American Eagle 1/2 Oz Gold Coin||0||0||0||0||15,000||10,000||56,000|
|$10 American Eagle 1/4 Oz Gold Coin||0||0||0||0||30,000||0||86,000|
|$5 American Eagle 1/10 Oz Gold Coin||0||40,000||15,000||0||90,000||40,000||295,000|
|$50 American Buffalo 1 Oz Gold Coin||0||500||3,000||44,000||27,500||14,500||211,000|
|$1 American Eagle 1 Oz Silver Coin||0||760,000||612,500||0||2,800,000||3,104,000||19,623,000|
|$100 American Eagle 1 Oz Platinum Coin||0||0||0||40,000||0||0||75,000|
|Tuskegee Airmen 5 oz Silver Coin||0||0||0||2,900||0||0||52,900|